Rand Paul Announces Plan for Obamacare and Dems Are Going to Hate It

Sen. Rand Paul plans to take a whack at taxes and Obamacare with an amendment he intends on introducing when the Senate takes up the issue of tax reform.

“Today I am announcing my intention to amend the Senate tax bill to repeal the individual mandate and provide bigger tax cuts for middle income taxpayers,” the Kentucky Republican announced Tuesday on his social media accounts.

“The mandate repeal is a promise we all made and we should keep. I‎t also allows an additional $300 billion+ in tax cuts,” he added.

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My amendment will fix a problem in the Senate bill where many taxpayers would see a tax increase because of the loss of state and local deductions.

I will introduce a similar deduction as the House plan, making the tax reform plan more fair for everyone.

Paul noted that repealing the mandate will help those taxpayers who would otherwise face an overall increase in their combined state, local and federal taxes due to the proposal to end the federal deduction for state and local taxes.

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“My amendment will fix a problem in the Senate bill where many taxpayers would see a tax increase because of the loss of state and local deductions,” he said.

“I will introduce a similar deduction as the House plan, making the tax reform plan more fair for everyone. This will also help ensure House acceptance of the Senate plan, as leaders there have stated they will not accept a plan with no state and local deductibility.”

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This will help ensure House acceptance of the Senate plan as leaders there have stated they will not accept a plan with no state and local deductibility. Repeal the mandate fix problems with Senate bill through more tax cuts for all and help ensure House and Senate plans agree.

The House bill, as currently amended, would allow a deduction for up to $10,000 in property taxes, according to The Hill. Corporations and agribusinesses pay substantial amounts in local property taxes to fund schools and local governments.

“Repeal the mandate, fix problems with Senate bill through more tax cuts for all, and help ensure House and Senate plans more full agree. That will be my amendment,” Paul wrote.

Paul was not the only one in Washington with the Obamacare mandate on his mind.

In a Monday tweet, President Donald Trump cited it as an issue to consider in the stretch run of adopting tax reform.

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I am proud of the Rep. House & Senate for working so hard on cutting taxes {& reform.} We’re getting close! Now, how about ending the unfair & highly unpopular Indiv Mandate in OCare & reducing taxes even further? Cut top rate to 35% w/all of the rest going to middle income cuts?

“I am proud of the Rep. House & Senate for working so hard on cutting taxes {& reform.} We’re getting close! Now, how about ending the unfair & highly unpopular Indiv Mandate in OCare & reducing taxes even further? Cut top rate to 35% w/all of the rest going to middle income cuts?” Trump tweeted.

The Congressional Budget Office has estimated the federal government would save $338 billion over 10 years by eliminating the mandate. However, it also estimated 13 million more Americans would be uninsured in 2027, as reported by Breitbart.